Nonfat Dry Milk Powder Market by Type (Low Heat, Medium Heat, HighHeat), by Applications Covered (Infant Formulas,Confections, Bakery Products, Other), & Region - Global Growth Insights forecast to 2032

Nonfat Dry Milk Powder market size was USD 82200 million in 2023 and is projected to touch USD 86967.6 million in 2024 to USD 136607.18 million by 2032, exhibiting a CAGR of 5.8% during the forecast period.

Nonfat Dry Milk Powder Market Overview

The Nonfat Dry Milk Powder market has seen significant growth over the years, driven by its wide range of applications in the food and beverage industry. Nonfat dry milk powder, also known as skimmed milk powder, is a highly versatile ingredient used in various products such as bakery goods, dairy products, confectioneries, and nutritional supplements.

The global Nonfat Dry Milk Powder market is highly competitive, with key players focusing on expanding their production capacities and enhancing their product offerings to meet the growing demand. Companies are also investing in research and development to improve the quality of nonfat dry milk powder and to explore new applications. Furthermore, the market has witnessed a shift towards organic and non-GMO products, driven by consumer preferences for natural and healthy ingredients. This trend has led to the development of organic nonfat dry milk powder, which is gaining popularity among health-conscious consumers.

The market’s growth is not limited to developed regions; emerging economies are also contributing significantly to the demand for nonfat dry milk powder. Rapid urbanization, rising disposable incomes, and changing dietary habits in countries like China and India are driving the consumption of dairy products, including nonfat dry milk powder. Moreover, the growing awareness of the health benefits associated with nonfat dry milk powder is expected to boost its demand in the coming years. The market is also influenced by the fluctuating prices of raw milk, which impacts the cost of production and, consequently, the market dynamics.

COVID-19 Impact

The COVID-19 pandemic had a profound impact on the global Nonfat Dry Milk Powder market, as it did on many other industries. The outbreak led to widespread disruptions in supply chains, affecting the production and distribution of nonfat dry milk powder. Lockdowns and restrictions imposed by governments across the world resulted in a slowdown in manufacturing activities, leading to a temporary decline in the market. The dairy industry faced challenges such as reduced labor availability, transportation bottlenecks, and a drop in demand from the foodservice sector, which further exacerbated the situation.

The pandemic also brought about changes in consumer behavior, with a shift towards purchasing long-lasting and shelf-stable food products. Nonfat dry milk powder, with its extended shelf life, saw a surge in demand during the early stages of the pandemic as consumers stocked up on essentials. However, the initial panic buying was followed by a period of market uncertainty, with fluctuating demand patterns as the pandemic progressed. The closure of restaurants, cafes, and other foodservice establishments led to a decline in the demand for dairy products, including nonfat dry milk powder, from these sectors.

Nonfat Dry Milk Powder Market Recovery After COVID-19

The Nonfat Dry Milk Powder market has shown signs of recovery post-COVID-19, as the global economy gradually rebounds from the pandemic's effects. The lifting of lockdowns and the easing of restrictions have led to the resumption of manufacturing activities, and the supply chains are slowly stabilizing. The demand for nonfat dry milk powder has recovered, driven by the reopening of foodservice establishments and the resurgence in consumer spending. As the world adapts to the new normal, the market is expected to regain its pre-pandemic growth trajectory.

One of the key factors contributing to the market's recovery is the increased focus on health and wellness. The pandemic has heightened consumer awareness of the importance of nutrition and immunity-boosting foods, leading to a sustained demand for dairy products, including nonfat dry milk powder. The growing trend of home cooking and baking, which gained momentum during the pandemic, is also expected to continue, further driving the demand for nonfat dry milk powder as a key ingredient in various recipes.

Latest Trends

The Nonfat Dry Milk Powder market is witnessing several emerging trends that are shaping its growth and development. One of the most notable trends is the increasing demand for organic and non-GMO nonfat dry milk powder. As consumers become more health-conscious and environmentally aware, there is a growing preference for products that are perceived as natural and free from genetically modified organisms. 

Technological advancements in production processes are also playing a crucial role in shaping the Nonfat Dry Milk Powder market. Innovations such as spray drying and membrane filtration have improved the quality and efficiency of nonfat dry milk powder production. These technologies enable manufacturers to produce high-quality powder with better solubility, taste, and nutritional value, meeting the evolving demands of consumers and the food industry. Furthermore, the adoption of automation and digitalization in production facilities is enhancing productivity and reducing operational costs, contributing to the overall growth of the market.

Sustainability is another key trend influencing the Nonfat Dry Milk Powder market. With increasing concerns about the environmental impact of dairy farming, there is a growing emphasis on sustainable practices in milk production. This includes reducing greenhouse gas emissions, minimizing water usage, and adopting regenerative agricultural practices. Manufacturers are increasingly focusing on sustainability initiatives to appeal to eco-conscious consumers and meet regulatory requirements. The trend towards sustainability is expected to drive innovations in the production and packaging of nonfat dry milk powder, further boosting the market's growth.

Driving Factors

The Nonfat Dry Milk Powder market is driven by several key factors that are contributing to its steady growth on a global scale. One of the primary driving factors is the increasing consumer demand for low-fat and fat-free dairy products. With rising health consciousness, consumers are actively seeking healthier alternatives to full-fat dairy products. Nonfat dry milk powder, being low in fat and rich in essential nutrients, is increasingly preferred by health-conscious individuals who are looking to reduce their fat intake without compromising on nutrition. This trend is particularly prominent in developed countries where awareness about health and wellness is high.

The global increase in urbanization and changing dietary habits are also contributing to the growth of the Nonfat Dry Milk Powder market. As more people move to urban areas, there is a rising demand for convenient and easy-to-store food products, including nonfat dry milk powder. The busy lifestyles of urban dwellers have led to a preference for ready-to-eat and easy-to-prepare food items, where nonfat dry milk powder plays a crucial role as a stable and reliable ingredient. Additionally, the growing middle-class population in emerging economies is driving the demand for dairy products, including nonfat dry milk powder, as consumers in these regions are increasingly adopting Western dietary habits.

Technological advancements in the dairy industry are another driving factor for the Nonfat Dry Milk Powder market. Innovations in processing techniques, such as improved spray drying methods, have enhanced the quality and efficiency of nonfat dry milk powder production. These advancements have led to the development of products with better solubility, taste, and nutritional value, which are well-received by consumers and the food industry alike. The adoption of automation and digitalization in production facilities has also improved productivity and reduced operational costs, making nonfat dry milk powder more accessible and affordable.

Restraining Factors

Despite the numerous driving factors, the Nonfat Dry Milk Powder market faces certain restraining factors that may hinder its growth. One of the primary challenges is the fluctuating prices of raw milk, which directly impacts the production cost of nonfat dry milk powder. 

This trend poses a challenge to the traditional nonfat dry milk powder market, as consumers seek plant-based alternatives that align with their dietary preferences and ethical considerations. Additionally, the perception of nonfat dry milk powder as a processed product may deter some health-conscious consumers who prefer minimally processed foods.

Opportunities

The Nonfat Dry Milk Powder market presents several opportunities for growth, driven by evolving consumer preferences and emerging market trends. One of the most promising opportunities lies in the increasing demand for organic and non-GMO nonfat dry milk powder. As consumers become more health-conscious and environmentally aware, there is a growing preference for products that are perceived as natural and free from genetically modified organisms. 

The increasing focus on sustainability and environmental consciousness also presents opportunities for the Nonfat Dry Milk Powder market. As consumers and manufacturers alike place greater emphasis on sustainable practices, there is a growing demand for products with a lower environmental impact. Nonfat dry milk powder, with its longer shelf life and reduced transportation costs, offers a more sustainable alternative to liquid milk. 

Technological advancements in the dairy industry provide additional opportunities for the Nonfat Dry Milk Powder market. Innovations in processing techniques, such as improved spray drying and membrane filtration methods, have the potential to enhance the quality, taste, and nutritional value of nonfat dry milk powder. Manufacturers can capitalize on these advancements by developing premium products that cater to the growing demand for high-quality dairy ingredients.

Nonfat Dry Milk Powder Market Segmentation

• By Product Type:

  • Low Heat Nonfat Dry Milk Powder: This segment includes nonfat dry milk powder that has been subjected to low heat during processing, preserving more of its nutritional content and functional properties. It is commonly used in products that require a high level of reconstitution and in applications where the preservation of vitamins and proteins is essential.
  • Medium Heat Nonfat Dry Milk Powder: This type of nonfat dry milk powder is processed at medium heat, offering a balance between shelf life and nutritional retention. It is widely used in baking, confectioneries, and processed foods where a moderate level of heat treatment is acceptable.
  • High Heat Nonfat Dry Milk Powder: High heat nonfat dry milk powder undergoes extensive heat treatment, resulting in a product with a longer shelf life but slightly reduced nutritional value. It is typically used in applications where shelf stability is a priority, such as in packaged and ready-to-eat foods.

• By Application:

  • Bakery & Confectionery: Nonfat dry milk powder is extensively used in the bakery and confectionery industry to enhance the texture, flavor, and nutritional content of products such as bread, cakes, cookies, chocolates, and candies.
  • Dairy Products: This segment includes the use of nonfat dry milk powder in the production of dairy products like yogurt, cheese, and ice cream. Its ability to provide essential nutrients and improve the consistency of dairy products makes it a preferred ingredient in this industry.
  • Nutritional Supplements: Nonfat dry milk powder is a key ingredient in nutritional supplements and infant formula due to its high protein content and easy digestibility. It is used in products designed for infants, athletes, and individuals with specific dietary needs.
  • Processed Foods: This category includes the use of nonfat dry milk powder in various processed foods such as soups, sauces, and ready-to-eat meals. Its ability to improve the texture, flavor, and shelf life of processed foods drives its demand in this segment.

• By Distribution Channel:

  • Supermarkets/Hypermarkets: These large retail outlets are a major distribution channel for nonfat dry milk powder, offering consumers a wide range of options and convenient access to the product.
  • Online Retail: The rise of e-commerce has led to the growing popularity of online retail as a distribution channel for nonfat dry milk powder. Consumers increasingly prefer the convenience of purchasing dairy products online, leading to the expansion of this segment.
  • Specialty Stores: Specialty stores that focus on health foods, organic products, and dietary supplements are an important distribution channel for nonfat dry milk powder, particularly for premium and organic variants.

Nonfat Dry Milk Powder Market Regional Insights

• North America:

  • The North American Nonfat Dry Milk Powder market is well-established, with the United States being one of the largest consumers and producers of nonfat dry milk powder globally. The demand in this region is driven by the growing health consciousness among consumers and the increasing adoption of low-fat diets. The presence of major dairy companies and advanced processing facilities further supports the market growth. 

• Europe:

  • Europe is another significant market for nonfat dry milk powder, with countries like Germany, France, and the Netherlands being key producers and consumers. The region's well-established dairy industry and high demand for processed foods drive the market. The European market is also characterized by a strong preference for organic and natural products, leading to the growth of the organic nonfat dry milk powder segment. 

• Asia-Pacific:

  • The Asia-Pacific region is projected to be one of the fastest-growing markets for nonfat dry milk powder. The rapid urbanization, rising disposable incomes, and changing dietary habits in countries like China and India are driving the demand for dairy products, including nonfat dry milk powder. The region's growing middle-class population and the increasing adoption of Western dietary practices further boost the market. 

• Latin America:

  • The Latin American Nonfat Dry Milk Powder market is experiencing steady growth, driven by the rising demand for dairy products and the increasing awareness of the health benefits of nonfat dry milk powder. Countries like Brazil and Argentina are key markets in the region, with a growing consumer base and expanding food processing industry. 

• Middle East & Africa:

  • The Middle East & Africa region is gradually emerging as a potential market for nonfat dry milk powder. The demand in this region is driven by the growing population, rising disposable incomes, and increasing urbanization. The market is also supported by the expanding food processing industry and the rising awareness of the nutritional benefits of nonfat dry milk powder. 

Global Nonfat Dry Milk Powder Industry is Projected to be Fastest Growing Amongst Other Regions in the Nonfat Dry Milk Powder Market, in Terms of Value

The global Nonfat Dry Milk Powder industry is projected to witness significant growth in the coming years, with Asia-Pacific emerging as the fastest-growing region in terms of value. The region's rapid economic development, urbanization, and changing dietary habits are driving the demand for dairy products, including nonfat dry milk powder. Countries like China, India, and Southeast Asian nations are expected to be the primary contributors to this growth, as they continue to adopt Western dietary practices and increase their consumption of dairy products.

In China, the growing middle-class population and rising health consciousness are fueling the demand for nonfat dry milk powder, particularly in the infant formula and nutritional supplement segments. The Chinese government's initiatives to promote domestic dairy production and reduce reliance on imports are also expected to boost the market. 

India, another key market in Asia-Pacific, is witnessing a surge in demand for nonfat dry milk powder due to the rising awareness of its nutritional benefits and the increasing adoption of packaged and processed foods. The country's rapidly growing population and expanding food processing industry present significant opportunities for market growth. 

Southeast Asia is also emerging as a promising market for nonfat dry milk powder, driven by the increasing demand for dairy products and the rising disposable incomes in countries like Indonesia, Thailand, and Vietnam. The region's growing middle-class population and changing dietary preferences are contributing to the market's expansion. Furthermore, the increasing focus on health and wellness in Southeast Asia is expected to drive the demand for nonfat dry milk powder in nutritional supplements and functional foods.

Companies Update

• HiPP GmbH & Co. Vertrieb KG: Headquarters in Pfaffenhofen, Germany; Revenue: €898 million (2023).
• Verla (Hyproca): Headquarters in Heerenveen, Netherlands; Revenue: €570 million (2023).
• OMSCo: Headquarters in Somerset, UK; Revenue: £180 million (2023).
• Prolactal GmbH (ICL): Headquarters in Hartberg, Austria; Revenue: €220 million (2023).
• Ingredia SA: Headquarters in Arras, France; Revenue: €410 million (2023).
• Aurora Foods Dairy Corp.: Headquarters in Aurora, USA; Revenue: $320 million (2023).
• OGNI (GMP Dairy): Headquarters in New Zealand; Revenue: NZD 150 million (2023).
• Hochdorf Swiss Nutrition: Headquarters in Hochdorf, Switzerland; Revenue: CHF 450 million (2023).
• Triballat Ingredients: Headquarters in Noyal-sur-Vilaine, France; Revenue: €270 million (2023).
• Organic West Milk: Headquarters in California, USA; Revenue: $190 million (2023).
• Royal Farm: Headquarters in Amman, Jordan; Revenue: $150 million (2023).
• RUMI (Hoogwegt): Headquarters in Arnhem, Netherlands; Revenue: €520 million (2023).
• SunOpta, Inc.: Headquarters in Minnesota, USA; Revenue: $1.2 billion (2023).
• NowFood: Headquarters in Bloomingdale, Illinois, USA; Revenue: $500 million (2023).

Recent Developments

• Introduction of Plant-Based Alternatives:

  • In recent years, there has been a significant shift towards plant-based alternatives in the dairy industry. Several companies have introduced non-dairy milk powders made from ingredients such as almonds, oats, and soy.

• Advancements in Spray Drying Technology:

  • Recent advancements in spray drying technology have improved the quality and efficiency of nonfat dry milk powder production. 

• Organic Nonfat Dry Milk Powder:

  • The demand for organic products has led to the introduction of organic nonfat dry milk powder. This product caters to the growing consumer preference for natural and non-GMO foods. Several companies have launched organic variants of nonfat dry milk powder to meet the increasing demand in this segment.

• Sustainable Packaging Initiatives:

  • In response to the growing concern about environmental sustainability, many companies have adopted eco-friendly packaging for their nonfat dry milk powder products.

• Expansion into Emerging Markets:

  • Several key players in the Nonfat Dry Milk Powder market have expanded their presence in emerging markets such as Asia-Pacific and Latin America. 

Report Coverage of Nonfat Dry Milk Powder Market

The report on the Nonfat Dry Milk Powder market provides a comprehensive analysis of the industry, covering various aspects that influence its growth and development. The report includes an in-depth examination of the market dynamics, such as driving factors, restraining factors, opportunities, and challenges that impact the market's trajectory.

In addition, the report covers the impact of the COVID-19 pandemic on the Nonfat Dry Milk Powder market, highlighting how the outbreak affected production, distribution, and consumer demand. The report examines the market's recovery post-pandemic and identifies the strategies adopted by key players to navigate the challenges posed by the pandemic. This section provides valuable insights into the resilience of the market and the factors that contributed to its recovery.

The report also includes a thorough analysis of the latest trends in the Nonfat Dry Milk Powder market, exploring the emerging consumer preferences, technological advancements, and sustainability initiatives that are shaping the industry's future. It offers a detailed examination of the competitive landscape, highlighting the key players in the market, their product offerings, and their strategic initiatives to maintain a competitive edge.

New Products

The Nonfat Dry Milk Powder market has seen the introduction of several new products in recent years, reflecting the industry's response to evolving consumer preferences and technological advancements. One of the most notable trends is the development of organic nonfat dry milk powder, catering to the increasing demand for natural and non-GMO products.

The market has also witnessed the launch of nonfat dry milk powder products with improved solubility and taste. Advances in spray drying technology have enabled manufacturers to produce powders that dissolve more easily in water and offer a smoother texture and better flavor. 

In response to the growing trend towards sustainability, several companies have introduced nonfat dry milk powder products with eco-friendly packaging. These products are packaged in materials that are recyclable or biodegradable, reducing the environmental impact of the packaging. This initiative aligns with the increasing consumer demand for sustainable products and reflects the industry's commitment to reducing its carbon footprint. 

Report Scope

The scope of the report on the Nonfat Dry Milk Powder market encompasses a wide range of factors that are essential for understanding the market's current state and future prospects. The report provides a detailed analysis of the market's size, growth rate, and revenue projections, offering insights into the market's potential for expansion in the coming years. 

The report covers various segments of the Nonfat Dry Milk Powder market, including product types, applications, and distribution channels. This segmentation allows for a more granular analysis of the market, providing insights into the specific areas that are driving growth. The report also includes an in-depth analysis of the competitive landscape, highlighting the key players in the market, their product offerings, and their strategic initiatives. 

In addition to the market analysis, the report provides a comprehensive overview of the regional markets, covering key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. This regional analysis offers insights into the demand patterns, growth opportunities, and challenges specific to each region, helping stakeholders identify potential areas for investment and expansion.